Category Archives: Business News

Volatus Aerospace Acquires ConnexiCore to Create Largest Drone Service Provider in North America

Volatus Aerospace Corp. has agreed to acquire Pennsylvania-based drone service provider ConnexiCore LLC. The acquisition will create the largest and most comprehensive Drone Service Provider in North America, with a pilot network blanketing Canada and the United States. The transaction is expected to close on July 30, subject to due diligence. Continue reading →

Pegasus Imagery and Kongsberg Geospatial Sign MOU

A Pegasus Imagery PV-02 EOS lifts off for takes off vertically like a quadcopter before transitioning to horizontal flight

Kongsberg Geospatial, developers of the TerraLens Geospatial Software Development Kit (SDK), and Pegasus Imagery Ltd. an aerospace company developing advanced autonomous aircraft and sensor systems, announced that they have signed an MOU to work together to advance the development of safe, autonomous Unmanned Aircraft. Continue reading →

ANRA and Swiggy to Start BVLOS Drone Delivery Trials in India

 ANRA Technologies Private Limited, a supplier of integrated airspace management systems, and Swiggy, India’s leading on-demand delivery platform, announced that stakeholders from the India Ministry of Defense (MoD), Directorate General of Aviation (DGCA), and Ministry of Civil Aviation (MOCA), awarded final clearances for the ANRA Technologies led consortia to commence trials for Beyond Visual Line of Sight (BVLOS) operations in India. Continue reading →

UVision to Provide HERO-120 Aerial Loitering Munition Systems to US Marine Corps

UVision Air Ltd. – a supplier of aerial loitering munitions systems of all sizes for a variety of missions, and the design and production company of the Hero-120 system, has been awarded through its Business Development partner, Mistral Inc. to supply the Hero-120 for the US Marine Corps Organic Precision Fire Mounted (OPF-M) System. The system will be integrated with LAV-M, JLTV, and LRUSV. Continue reading →